What does the term 'Cartel' signify?

Show Answers

A coalition of companies collaborating for commercial objectivesA formal pact between warring nations, often concerning prisoner swapsAn alliance of groups, political parties, or countries pursuing a shared goalAll the aforementioned definitions

Explanation

Option A describes a business alliance among firms. Option B refers to an official treaty between hostile governments, typically for prisoner exchanges. Option C indicates a union of factions or nations working together. Therefore, the correct answer is D, as all these meanings apply to the term 'Cartel'.